Despite a big push by the federal government, many experts who study alternative fuels agree that biofuels will not ultimately replace gasoline and other fossil fuels in everyday use. Practical, portable fuel cells seem to be at the top of current scientific thinking in the alternative fuels industry, but such technology isn?t the only area of research going on in the field.
Ebron said there has been a spike in interest in the biofuels courses over the last year as a result of high gasoline prices and the 2005 Energy Policy Act that encourages the production and use of biofuels with grants and subsidies.
??We?ve had to turn people away from our last couple biodiesel classes,?? he said.
As an expert in alternative fuels, Ebron acknowledges that integrating biofuels into mainstream fuel markets poses a lot of efficiency dilemmas. Still, he views biofuels as an advancement along the United States? long road to energy independence, especially as researchers branch out into newer forms of fuel to replace even the concept of the internal combustion engine.
??None of them (biofuels) by themselves is going to replace gasoline,?? Ebron said. ??But if you take all these and combine them with hybrids ... we wouldn?t have to import oil from the Middle East.
??All of these fuels will be around for a generation or two ?all of these fuels are transition fuels, and nobody knows which will win out,?? he continued.
Latest Forum Topics / Others | Post Reply |
Oil prices
|
|
billywows
Elite |
11-Sep-2006 23:12
|
x 0
x 0 Alert Admin |
FUTURES MOVERS
|
Useful To Me Not Useful To Me | |
Nostradamus
Supreme |
11-Sep-2006 16:40
|
x 0
x 0 Alert Admin |
For over a year, OPEC has been pumping at or near its fastest rate in 25 years. |
Useful To Me Not Useful To Me | |
|
|
Nostradamus
Supreme |
11-Sep-2006 16:21
|
x 0
x 0 Alert Admin |
Oil prices fell amid expectations that OPEC would not change their production targets when they meet later in the day.
Light, sweet crude for October delivery fell to US$65.97 a barrel in electronic trading on the New York Mercantile Exchange, midmorning in Singapore. But supplies remain ample. Al-Hamli said OPEC maintains about 2m barrels a day of spare capacity, and stocks are high elsewhere; the U.S. Department of Energy said last week that inventories have hit their highest levels since 1998. |
Useful To Me Not Useful To Me | |
teeth53
Supreme |
10-Sep-2006 23:58
Yells: "don't learn through life, learn to grow with life " |
x 0
x 0 Alert Admin |
FYI: Alternative to oil, have time -chk it out. Latest Newshttp://www.alternative-energy-news.info/biodiesel-fuel/Sources of BiodieselDiesels can be run on almost any kind of oil: corn, soy, whale...but probably will end up running on a kind of algae since it is by weight 50% oil or so. The following comes from a wikipedia article: * Soybean: 40 to 50 US gal/acre (35 to 45,000 L/km) * Rapeseed: 110 to 145 US gal/acre (100 to 130,000 L/km) * Mustard: 140 US gal/acre (130,000 L/km) * Jatropha: 175 US gal/acre (160,000 L/km) * Palm oil: 650 US gal/acre (580,000 L/km) [6] * Algae: 10,000 to 20,000 US gal/acre (9,000,000 to 18,000,000 L/km) |
Useful To Me Not Useful To Me | |
Livermore
Master |
10-Sep-2006 09:12
|
x 0
x 0 Alert Admin |
Experts: Gasoline, Fossil Fuels Are Here to Stay
By ADAM TOWNSEND
|
Useful To Me Not Useful To Me | |
|
|
hikitty
Master |
09-Sep-2006 16:34
|
x 0
x 0 Alert Admin |
Take heart!. While prices are being pumped upwards, the benefactors cannot ensure that their hearts can pump foreover. They will pump themselves to a stop one day. It's a matter of who will ultimately suffer the heart attack of a selldown one fine day! |
Useful To Me Not Useful To Me | |
chipchip66
Master |
09-Sep-2006 12:16
|
x 0
x 0 Alert Admin |
i am still waiting for local oil giants to revise their pump prices! Why is the MotorCar association keeping mum and not help motorists like us???I t would help pressure the companies not to be trigger happy in rasing rates. |
Useful To Me Not Useful To Me | |
Livermore
Master |
09-Sep-2006 11:53
|
x 0
x 0 Alert Admin |
Business Times 7 September 06 - Is The End Of The Oil Age Nigh?
Proponents of a geologic theory known as peak oil say global oil production is now at or near its zenith. Once the flow crests and starts to decline - and some geologists say it already has - oil will no longer be able to alke the world's growing thirst for energy. The price of a barrel of crude will spiral to US$200 - and keep rising.
Colin Campbell is a Britosh geologists who has a doctorate in geology from the Univeristy of Oxford and more than 40 years of experience in the oil industry, popularised the peak oil theory in his book "The Coming Oil Crisis". He says world production of conventional oil, the kind that comes from gushing wells, is reaching its apex. Mr Campbell adds that society is not prepared for the consequences. It is too late to develop alternative sources of power, such as solar cells, nuclear reactors and windmills, to fill the oil gap before energy prices soar.
Theirry Desmarest, chief executive officer of Paris based Total SA, told the World Gas Conference in Amsterdam in June that global oil production would peak in 2020.
|
Useful To Me Not Useful To Me | |
|
|
teeth53
Supreme |
09-Sep-2006 00:18
Yells: "don't learn through life, learn to grow with life " |
x 0
x 0 Alert Admin |
Oil px is down and leveling off, this time Dow is up as ppl fear subside giving player a slightly more confident mode to enter. |
Useful To Me Not Useful To Me | |
billywows
Elite |
08-Sep-2006 22:22
|
x 0
x 0 Alert Admin |
Oct. crude down 37 cents at $66.95/brl in early trading |
Useful To Me Not Useful To Me | |
teeth53
Supreme |
08-Sep-2006 21:59
Yells: "don't learn through life, learn to grow with life " |
x 0
x 0 Alert Admin |
Stocks get late-week boost. Oil price retreat holds, so investors come back into markets in early trading. So Friday end on +ve notes.
|
Useful To Me Not Useful To Me | |
Nostradamus
Supreme |
08-Sep-2006 18:33
|
x 0
x 0 Alert Admin |
This time Wall Street is sinking together with oil prices. Crude oil prices plunged below US$67 a barrel in Asian trading after a U.S. inventory report showed that higher refinery production was helping boost gasoline and distillate inventories. Light, sweet crude for October delivery dropped to US$66.80 a barrel in electronic trading on the New York Mercantile Exchange. This is a 5-month low. Also easing supply worries was the possibility that BP could restore lost Alaskan production at Prudhoe Bay back on line by the end of October as well as the resumption of some oil production in Nigeria. U.S. crude inventories fell 2.2m barrels last week, greater than expected. Gasoline inventories rose by 700,000 barrels. Distillate fuel inventories rose by 3.1m barrels, greater than expected. |
Useful To Me Not Useful To Me | |
|
|
teeth53
Supreme |
07-Sep-2006 23:57
Yells: "don't learn through life, learn to grow with life " |
x 0
x 0 Alert Admin |
Oil sinks on surprise jump in gas inventories. Crude prices sink toward $67 a barrel as gasoline stocks climb by 700,000 barrels last week.
|
Useful To Me Not Useful To Me | |
Nostradamus
Supreme |
06-Sep-2006 11:15
|
x 0
x 0 Alert Admin |
We had a stronger than expected hurricane season last year. I believe this season will be weak. One year strong, next year weak. Perhaps it's China's turn to experience a strong typhoon season this year. Gaea is punishing the countries for their contribution in global warming. |
Useful To Me Not Useful To Me | |
billywows
Elite |
06-Sep-2006 07:11
|
x 0
x 0 Alert Admin |
If oil price can fall further, that's a very good boost to the world's economies. But with winter coming and Iran ... its a wild guess for now. --------------------- (From Market Watch) Crude prices fell to a five-month low as news of the successful oil discovery in the Gulf of Mexico eased supply worries, but the nuclear standoff between Iran and Western nations and an Atlantic hurricane that is only now moving into full swing remained as concerns for energy traders. Crude for October delivery fell 59 cents to $68.60 a barrel, marking its weakest level since March 28. |
Useful To Me Not Useful To Me | |
Nostradamus
Supreme |
05-Sep-2006 22:37
|
x 0
x 0 Alert Admin |
Although the Jack 2 well won't come onstream until after 2010, it'll send oil prices sliding in the next few years. |
Useful To Me Not Useful To Me | |
Nostradamus
Supreme |
05-Sep-2006 22:36
|
x 1
x 0 Alert Admin |
Promising new oil find in Gulf of Mexico.
Tests of a deep-water well in the Gulf of Mexico could indicate a significant oil discovery, three companies announced Tuesday, in the first project to tap into a region that reportedly could boost U.S. oil and gas reserves by as much as 50%.
The Jack 2 well was drilled about 5.3 miles deep by U.S. oil company Chevron Corp., with partners Statoil ASA of Norway and Devon Energy Corp. of Oklahoma City. During the test, the Jack 2 well sustained a flow rate of more than 6,000 barrels of oil per day, Statoil said.
"Test results are very encouraging and may indicate a significant discovery. The full magnitude of the field's potential is still being defined," Statoil said in a statement. The discovery has industrywide implications, analysts said. The successful test wells do not mean a huge supply of oil will hit the market anytime soon. Gheit estimated that the first production might not come on line until after 2010, depending on how many more test wells the companies drill. The Wall Street Journal reported Monday that the region where the well is located could become the nation's biggest new domestic source of oil since the discovery of Alaska's North Slope more than a generation ago. The Journal said Chevron and Devon officials estimate that recent discoveries in the Gulf of Mexico's lower-tertiary formations hold up to 15 billion barrels' worth of oil and gas reserves, a total that would boost the nation's current reserves by 50%. The well was drilled in the Walker Ridge area of the Gulf, about 270 miles southwest of New Orleans and 175 miles off the coast. It followed up a discovery made by Chevron in 2004. "This area is one of the new and promising deep-water areas in the Gulf of Mexico," said Oivind Reinertsen, senior vice president of Statoil's Gulf of Mexico assets in Houston. "The Jack 2 well test data are encouraging and may form the basis of future development projects in Walker Ridge," he said. In a separate statement, San Ramon, Calif.-based Chevron said the well set a variety of records, including the deepest well successfully tested in the Gulf of Mexico. Chevron said it was drilled to a total depth of 28,175 feet in waters that are 7,000 feet deep. Chevron has a 50% stake in the field, while Statoil and Devon own 25% each. |
Useful To Me Not Useful To Me | |
Livermore
Master |
23-Jul-2006 15:22
|
x 0
x 0 Alert Admin |
Hurrican season will come near year end. US is supplying arms to Israel to continue fighting. Oil at $80/barrel? Well, let's see.... |
Useful To Me Not Useful To Me | |
teeth53
Supreme |
23-Jul-2006 15:11
Yells: "don't learn through life, learn to grow with life " |
x 0
x 0 Alert Admin |
Expecting oil px to hover to US80 per barrel come X'mas ?? i think so. |
Useful To Me Not Useful To Me | |
Livermore
Master |
23-Jul-2006 13:54
|
x 0
x 0 Alert Admin |
Oil No Enough?
Marion King Hubbert, the Shell geologist known for his peak oil theory, was spot on with his prediction that US oil output would peak in the 1970s. Those who follow his theory have said global oil output will peak this decade or has already peaked.
At a seminar this month, former US president Bill Clinton wanted the media to focus on the depletion aspect of the global oilfields. He said,"Everybody I know who knows anything about this business belives it'll be US$100 a barrel in 5 years or less." Mr Clinton said at current annual consumption rates of more than 30 billion barrels, the world could be out of "recoverable oil" in 35 to 50 years
|
Useful To Me Not Useful To Me |